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A Fiscal Theory of Money and Banking

https://doi.org/10.2139/ssrn.3973660
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39/39 checkable references clean · checked 2026-08-27

Every reference with a DOI in the deposited reference list resolved to a known work in Crossref or DataCite at the dated check, and none carried a retraction, withdrawal, or removal notice.

17 without a DOI — not checked. A reference deposited without a DOI is never matched by title or guessed at; it stays outside the checked set, and this line discloses that.

The 39 checked references that resolve
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Money, financial stability and efficiency
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The Case for Open-Market Purchases in a Liquidity Trap
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The Long Shadow of China’s Fiscal Expansion
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On the Determination of the Public Debt
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Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach
resolves10.1007/978-94-009-6684-0_3
On the Monetization of Deficits
resolves10.1016/0047-2727(73)90023-6
Does fiscal policy matter?
resolves10.1111/jmcb.12394
Should the Federal Reserve Pay Competitive Interest on Reserves?
resolves10.2307/136217
Currency Elasticity and Banking Panics: Theory and Evidence
resolves10.1086/261949
Optimal Fiscal Policy in a Business Cycle Model
resolves10.1086/ma.13.4623752
A Frictionless View of U.S. Inflation
resolves10.1111/1468-0262.00179
Long-Term Debt and Optimal Policy in the Fiscal Theory of the Price Level
resolves10.1016/j.jmoneco.2004.07.004
Money as stock
resolves10.1016/j.jedc.2014.09.003
Monetary policy with interest on reserves
resolves10.1016/j.jmoneco.2010.09.011
The central-bank balance sheet as an instrument of monetarypolicy
resolves10.1016/j.euroecorev.2010.04.004
Monetary–fiscal policy interactions and fiscal stimulus
resolves10.1016/j.jmoneco.2010.05.007
“Unfunded liabilities” and uncertain fiscal financing
resolves10.1016/j.euroecorev.2010.11.005
Inflation and the fiscal limit
resolves10.1086/261155
Bank Runs, Deposit Insurance, and Liquidity
resolves10.1257/000282806776157759
Money in a Theory of Banking
resolves10.1016/0304-3932(87)90017-1
Do budget deficits raise nominal interest rates?
resolves10.1086/261440
Interest Rates and Expected Future Budget Deficits in the United States
resolves10.1111/j.1467-937X.2009.00540.x
A Theory of Liquidity and Regulation of Financial Intermediation
resolves10.1111/j.1468-0297.2010.02355.x
Using Stock Returns to Identify Government Spending Shocks
resolves10.2307/3217952
Crowding Out or Crowding In? Economic Consequences of Financing Government Deficits
resolves10.1016/0304-3932(91)90007-B
Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies
resolves10.1016/bs.hesmac.2016.03.012
Understanding Inflation as a Joint Monetary–Fiscal Phenomenon
resolves10.1111/j.1467-937X.2008.00494.x
Inefficient Credit Booms
resolves10.1016/0304-3932(83)90049-1
Optimal fiscal and monetary policy in an economy without capital
resolves10.1093/qje/qjq008
Identifying Government Spending Shocks: It's all in the Timing*
resolves10.1016/S0022-0531(03)00111-X
Optimal fiscal and monetary policy under sticky prices
resolves10.1007/BF01215378
A simple model for study of the determination of the price level and the interaction of monetary and fiscal policy
resolves10.1257/aer.103.2.563
Paper Money
resolves10.1016/j.jfi.2008.05.001
Banking with nominal deposits and inside money
resolves10.1093/qje/qjr054
Monetary Policy as Financial Stability Regulation
resolves10.1016/0167-2231(93)90009-L
Discretion versus policy rules in practice
resolves10.1016/j.jmoneco.2018.07.005
Interest on reserves, interbank lending, and monetary policy
resolves10.1007/BF01215377
Monetary policy and price level determinacy in a cash-in-advance economy
resolves10.1016/0167-2231(95)00038-0
Price-level determinacy without control of a monetary aggregate
The 17 references without a DOI — listed, not checked
no DOI — not checkedref2
no DOI — not checkedref7
no DOI — not checkedInside the Black Box: The Credit Channel of Monetary Policy Transmission
no DOI — not checkedThe Simple Analytics of Helicopter Money: Why it Works -Always. SSRN Scholarly Paper
no DOI — not checkedref30
no DOI — not checkedThe optimum quantity of money
no DOI — not checkedThe effects of a money-financed fiscal stimulus
no DOI — not checkedInterest on reserves and monetary policy
no DOI — not checkedref34
no DOI — not checkedThe Optimal Conduct of Monetary Policy with Interest on Reserves
no DOI — not checkedDivorcing Money from Monetary Policy. SSRN Scholarly Paper
no DOI — not checkedref37
no DOI — not checkedref43
no DOI — not checkedDomestic currency denominated government debt as equity in the primary surplus
no DOI — not checkedref51
no DOI — not checkedLow real interest rates, collateral misrepresentation, and monetary policy
no DOI — not checkedThus the bank would keep reducing until the reserve requirement is also binding at date 1
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